Europe’s largest economy, Germany falls into recession: Inflation hits & takes GDP growth contracts by -0.5%
For the last two quarters it has negative growth, inflation at 7.2% In an unexpected turn of events, Germany, Europe’s largest economy and the world’s fourth-largest, has officially entered a recession according to new figures released by the Federal Statistical Office. The data revealed a contraction in Germany’s gross domestic product (GDP) of 0.3% during … Read more